Tax-Loss Harvest Finder
Sell the loss, keep the exposure. For any fund, ranked stand-ins that track the same market — scored on a year of price correlation, holdings overlap, and fee — with a flag when two funds follow the same index and a swap could look substantially identical.
Correlation computed on ~250 shared sessions per pair · not tax advice — the flag is a heuristic, your compliance desk has the final word
| Substitute | Correlation | Book overlap | Fee vs FESM | Assets | Wash-sale read | |
|---|---|---|---|---|---|---|
| VTWO Vanguard Russell 2000 ETF | 0.984 | — | -18bp | $9.9B | different index | Compare |
| GSSC GS ActiveBeta U.S. Small Cap Equity ETF | 0.973 | — | -8bp | $518M | different index | Compare |
| VTWG Vanguard Russell 2000 Growth ETF | 0.961 | — | -13bp | $1B | different index | Compare |
| VB Vanguard Small Cap Index Fund | 0.956 | — | -23bp | $58.9B | different index | Compare |
| SCHA Schwab U.S. Small-Cap ETF | 0.949 | — | -24bp | $17.9B | different index | Compare |
| VIOG Vanguard S&P Small-Cap 600 Growth ETF | 0.947 | — | -13bp | $954M | different index | Compare |
RANKED BY CORRELATION, FEE, AND OVERLAP · “SAME INDEX” PAIRS ARE FLAGGED BECAUSE THE IRS HAS NEVER DEFINED “SUBSTANTIALLY IDENTICAL” — MOST DESKS TREAT SAME-INDEX SWAPS AS OFF-LIMITS AND DIFFERENT-INDEX SWAPS AS DEFENSIBLE
Cached coverage for 2,093 funds. Latest price/flow record dates: 2024-08-23 to 2026-10-23 (1,065 funds with dated records). Fund details retrieved: 2026-09-25 to 2026-10-27. Data dates vary by fund; these are not live quotes. Flow totals include available records only; missing coverage is not evidence of zero flow.